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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled bud
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no...
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. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future the pressure against the regime in and aroundamascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuinghe sharpest warning yet. >> the president of t united states made it clear there will
. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the...
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Dec 11, 2012
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lou: giving the obama administration, john negroponte e giving support do you agree things are better than six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day you are the political expert , to go into michigan that frustrates the president they just sold a123 1/4 million taxpayer money and 13 union workers going back to chrysler. it is the glory day. >> the campaign has never ended. the president said if i find any excuse to get outside of washington. >> it is one powerful exit. he wanted to stay there. >> if he was serious he would spend time burning the midnight oil. meeting with house speaker is great. but meat with the senate and there is no negotiation there. lou: i would give you a hint to the next question. why should we take either seriously with the negotiation? said will take a break we will be back. for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked b
lou: giving the obama administration, john negroponte e giving support do you agree things are better than six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day you are the political expert , to go into michigan that frustrates the president they just sold a123 1/4 million taxpayer money and 13 union workers going...
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Dec 12, 2012
12/12
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many tactical adjustments on the part of the obama administration. what we are seeing is at least one step backwards for every to step forward the obama administration seems to be mostly in full ford motor here's the thing. when you are talking about what they're doing these of the protesters and accommodating their concerns, but when you talk of what they're doing with this peace agreement with israel, when you talk about what they're doing with respect to cease-fires and a mosque, this is all temporary. it will not, i believe, be the long-term policy of the muslim brotherhood because they are committed to war against us. i mean, we have that from their own documents. the destruction of this country, western civilization. it sounds crazy, but that is their strategy. we are clear that they are dead set against israel. their franchise seek the destruction of israel. and these are simply adjustments on the road to that long term set of goals. lou: us talk about a couple of quick adjustments, some adjustments, quickly, if we may. let me turn to you firs
many tactical adjustments on the part of the obama administration. what we are seeing is at least one step backwards for every to step forward the obama administration seems to be mostly in full ford motor here's the thing. when you are talking about what they're doing these of the protesters and accommodating their concerns, but when you talk of what they're doing with this peace agreement with israel, when you talk about what they're doing with respect to cease-fires and a mosque, this is all...
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my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpaments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massive departure of the prime age man from the work force. it is accelerating today. and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in
my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the...
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up next, the civil war raging in serious sets off alarms in the obama administration as reports of chemical weapons are surfacing. we will be talking syria, egypt, iran, israel, palestine, possible u.s. intervention. his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,speciallthose whar or who may become pregnant, and chilen should avoid contact where axon is apapplied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctoror if they occu. tell your doctbout all medical conditions and medications. rious side effts could includ increaserisk of prostate cancer; worseninprostate symptoms; decreased sperm count; ankle, feet, or body swellg; enlarged or painful breasts; problems breathing w
up next, the civil war raging in serious sets off alarms in the obama administration as reports of chemical weapons are surfacing. we will be talking syria, egypt, iran, israel, palestine, possible u.s. intervention. his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women...
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Dec 10, 2012
12/12
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as you say, it is stunning to watch the principal economic financial figures in the obama administration be leading a political negotiation rather than, if you will, minding over an economy filled with 23 million people unemployed all sorts of challenges at every corner from and he is now potician. it is stunning. i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to defit reduction. i am quoting her directly. let's try that again because you probably did not believe your years. you cannot get awa to deficit reduction. your reaction? >> i'm speech was, quite frankly. i mean, if that -- if she believes that to be true, then she believes he can grow your way out of problems and there is no growth rate that is going to match the 22% projected increase in insurance subsidies under obamacare. or she believes she can taxer way out, and there is no way our economy can bear to double the federal tax levels from 18% of gdp the 36. that is what it would take. so the reality is that the bulk of our
as you say, it is stunning to watch the principal economic financial figures in the obama administration be leading a political negotiation rather than, if you will, minding over an economy filled with 23 million people unemployed all sorts of challenges at every corner from and he is now potician. it is stunning. i want to get your comments, if i made, on something that nancy pelosi said today, which reported at the top of this broadcast. you cannot cut your way to defit reduction. i am...